RCC Corporation had the following share amounts of common stock at year-end- Authorized Shares - 300,000 shares Issued Shares-40,000 shares Treasury Stock-2,000 shares Calculate the following amounts at year-end (clearly labeling each amount and how you calculated it): 1. The number of Outstanding Shares 2. The maximum shares the corporation may issue 3. The dollar amount of the Common Stock account assuming the market value at year-end is $12 and the par value is $10. Suggested answer format: 1. Outstanding Share number= 2. Maximum Share number= 3. Balance in Common Stock account-S